With CEO Hugh Frater Retiring, David Benson Named to Lead Fannie Mae mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
Fannie Mae will soon have a new chairman of the board and a new chief executive officer. In a news release Friday afternoon, the government-sponsored enterprise announced that both board Chairwoman Sheila C. Bair and CEO Hugh R. Frater, who also is a board member, have chosen to resign effective May 1.
/PRNewswire/ Fannie Mae (OTCQB: FNMA) Board Chair Sheila C. Bair has announced her decision to resign effective May 1, and that the Board has unanimously.
Fannie Mae announced its Expanded Housing Choice initiative, which provides a new pricing incentive for Texas and Carolina multifamily property owners who accepts U.S. Department of Housing and Urban Development (HUD) Housing Choice Vouchers. These Housing Choice Vouchers help provide housing for very low-income families, seniors, historically underserved populations and people with disabilities.
/PRNewswire/ Fannie Mae (OTCQB: FNMA) announced today its Expanded Housing Choice initiative, providing a new pricing incentive for Texas and North Carolina.